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Dubai News Club > Tech > AMC investors will go APE, company announces
Tech

AMC investors will go APE, company announces

Press Room
Last updated: 2022/08/04
Press Room
Published: August 4, 2022
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You may remember our friends at AMC, the theater chain with the pantless CEO, who’ve leaned all the way in on the meme stock thing. Hordes of enthusiastic retail investors maybe rescued AMC from crushing debt. Now AMC is hoping to tap them again to create more shares of the company.

This quarter, AMC announced a dividend for shareholders: AMC Preferred Equity units, which will trade as APE on the New York Stock Exchange. One of these babies will exist for every common share, and can be…

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